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Crisis management

Factory owners navigating the needs of the day

“None of us can predict how things will turn out, no one can take offense at our holding on for as long as possible to what we have built together, and whether what we do now or in the near future is correct, cannot be judged by any one. Perhaps everything was wrong and too late.”

Eislingen bei Göppingen

On January 5, 1938, Kuno Fleischer wrote to the shareholders of his family’s paper factory in the small Baden-Wurttemberg town of Eisingen about a recent business dispute and alluded darkly to a time when “grave decisions will have to be made swiftly.” He told his fellow owners—his brother and nephews—that he would soon travel to the United States to “orient himself” adding, “No one of us can predict how things will turn out, and no one can take offense at our holding on for as long as possible to what we have built together.”

 

yesterday and the days before